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6 Most Expensive Tech Slip-Ups
By siliconindia
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Monday, 12 September 2011, 22:31 IST
6. Yahoo on Geocities
Internet search engine bought GeoCities in a $3.6 billion deal to further solidify Yahoo!'s position as a frontrunner in the online popularity contest. Well destiny had different plans for yahoo as Geocities which was purchased in 1999 had to close in 2009. In April 2009, Yahoo announced that GeoCities would cease accepting new registrations in preparation of the service's closing. In June, they clarified: the service would shut down on Oct. 26, 2009.
